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Mixed-Use

With population growth shifting more towards urban areas, Advance Realty has built a team of seasoned professionals to assist both public and private entities with revitalizing our inner cities. The movement towards a mixed-use “town center” is a by-product of several factors, including established infrastructure, qualified labor forces and the under utilization of sites. Many of the country's more densely populated states are now aggressively targeting the inner cities as a way of controlling growth and preserving open spaces.

In response to these trends, Advance has focused on mixed-use. Our approach integrates our development, advisory services, finance, management and construction departments. Working in an advisory capacity, Advance assists local and county officials by making recommendations on the highest level and best use for proposed development. In many cases, this relationship evolves into the formation of true public/private partnerships.

Our objective is not merely to add new development to an urban area. Rather, our goal is to assist in creating a comprehensive strategy that fits into an area's long-term growth objectives. Working with local public and economic development officials, we additionally strive to define creative alternatives for a proposed project and seek to promote the overall community as well. Our team of real estate professionals at Advance Realty is highly capable of handling the myriad of issues that arise in complex, mixed-use urban developments.

"Advance couples the business vision, knowledge and foresight that tomorrow's technology-based businesses require."

Hal Raveche, President
Stevens Institute of Technology
 
"What separates Advance from other real estate professionals in the state is their understanding that urban development is hard work and that it takes a lot time, patience and unique skills. We're very fortunate to be working with The Advance Group in New Brunswick.

Chris Paladino
President New Brunswick Development Corporation (DEVCO)
 
"Advance Group worked closely with borough officials to convert underutilized land to revenue generating ratables for the Borough of Bound Brook."

Frank Gilly, Former Mayor
Bound Brook, NJ
  

 

   
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